5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio during and after COVID-19
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. The COVID-19 pandemic and the downturn it spurred in March 2020 highlights… Read More

Lower costs should protect your dividends

As demand for their traditional products slows due to changing consumer tastes, Saputo and Molson are cutting their costs. Those savings will help them develop new products, and let them keep raising your dividends.
SAPUTO INC. $33 is still a hold. The company (Toronto symbol SAP; High-Growth Payer… Read More

You can count on a 6% dividend hike

FORTIS INC. $55 is buy for steady dividend income. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 462.9 million; Market cap: $25.5 billion; Price-to-sales ratio: 3.0; Dividend yield: 3.5%; TSINetwork Rating: Average; www.fortisinc.com) recently sold 13.2 million common shares at $52.15 each to… Read More

Greener energy will lift your dividend

FORTIS INC., $54, is our #1 Income Buy for 2019. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 436.6 million; Market cap: $23.6 billion; Price-to-sales ratio: 2.7; Dividend yield 3.5%; TSINetwork Rating: Average; www.fortisinc.com) plans to invest a total of $18.3 billion between… Read More